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Synety Group director increases stake

Fri, 10th Apr 2015 16:08
A non-executive director at Synety Group bought some shares in the cloud-based software and communications business.Alan Ward purchased 28,075 shares for 89.05p each, spending £25,001 in the transaction.Ward holds now 234,870 shares, which represent a 1.94% stake in the group.On Tuesday Synety raised £3.33m through a placing of shares and open offer. Last month, the group posted a 198% rise in revenues to £1.63m, but its losses before tax widen 47.6% to £5.55m due to administrative costs.Top Director BuysSynety Group (SNTY) Director name: Mr Alan Graham WardAmount purchased: 28,075 @ 89.05p Value: £25,001Dragon Oil (DGO) Director name: Mr Abdul-Jaleel Al-KhalifaAmount purchased: 3,126 @ 493.99p Value: £15,442Michelmersh Brick Holdings (MBH) Director name: Mr Frank HannaAmount purchased: 21,985 @ 68.00p Value: £14,950Top Director SellsNovae Group (NVA) Director name: Mr Matthew K FoshAmount sold: 79,595 @ 735.50p Value: £585,421Novae Group (NVA) Director name: Mr Charles FryAmount sold: 45,682 @ 735.50p Value: £335,991Hammerson (HMSO) Director name: Mr Timon DrakesmithAmount sold: 46,452 @ 683.50p Value: £317,499Dairy Farm International Holdings Ltd. (Singapore) (DFI) Director name: Mr Michael KokAmount sold: 20,000 @ $9.42 Value: $188,450

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